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Forex News
CAC 40 Edges Higher As Investors Await FOMC Minutes
French stocks edged higher on Monday amid expectations that falling inflation across industrialized countries will prompt global central banks to start cutting interest rates next year.
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597 days ago
DAX Edges Lower As Bayer Halts Asundexian Trial
German stocks traded lower on Monday, with Bayer AG shares plunging to a 12-year low after aborting a large late-stage trial testing a new anti-clotting drug due to lack of efficacy.
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597 days ago
Asian Shares Advance As China Boosts Liquidity Injection
Asian stocks rose on Monday amid bets that global central banks will start cutting interest rates next year to support uneven economic recovery.
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597 days ago
U.S. Dollar Falls Amid Fed Rate Cut Optimism
The U.S. dollar weakened against other major currencies in the Asian session on Monday amid optimism that the U.S. Federal Reserve may cut interest rates by a full percentage point by the end of 2024.
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597 days ago
China Holds Key Lending Rates As Expected
China's central bank left its benchmark lending rates unchanged on Monday as any additional easing could weaken the currency. As expected, the People's Bank of China kept the one-year loan prime rate, or LPR, unchanged at 3.45 percent. Previously, the bank had lowered the rate by 10 basis points in August.
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597 days ago
European Shares Seen Little Changed At Open
European stocks may open flat to slightly lower on Monday as investors react to mixed comments from Federal Reserve officials.
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597 days ago
U.S. Dollar Falls Against Majors
The U.S. dollar weakened against other major currencies in the Asian session on Monday.
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597 days ago
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NZ Dollar Advances Against Most Majors
The New Zealand dollar strengthened against most major currencies in the Asian session on Monday.
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597 days ago
Australian Dollar Rises Against Majors
The Australian dollar strengthened against other major currencies in the Asian session on Monday.
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597 days ago
Sensex, Nifty Slip In Early Trade
Indian shares were a tad lower on Monday as investors closely watched movements in bond and oil markets for direction.
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597 days ago
Sensex, Nifty Poised For Flat Opening
Indian shares are likely to open a flat note Monday, mirroring mostly firm cues from global markets as recent weak U.S. data bolstered optimism that the Federal Reserve will refrain from raising interest rates over the next several months before cutting rates in mid-2024.
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598 days ago
Asian Shares Mixed Despite Fed Rate Cut Optimism
Asian stocks traded mixed on Monday despite optimism that the U.S. Federal Reserve may cut interest rates by a full percentage point by the end of 2024.
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598 days ago
Thai Stocks Have Flat Lead For Monday
The Thai stock market has moved higher in three straight sessions, advancing almost 30 points or 2.1 percent in that span. The Stock Exchange of Thailand now rests just above the 1,415-point plateau although it may spin its wheels on Monday.
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598 days ago
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